VOICE of the CITY airing on WESU 88.1FM Middletown, Tuesdays from 8-9PM. Streaming worldwide on www.wesufm.org. Founders of Anything Goes Open Mic Monday at the Buttonwood Tree since 2009, 605 Main Street, Middletown. Now also happening one Friday a month at Two Wrasslin Cats, Anything Goes! Founders of The Annual Middletown Music Festival. The 5th Annual Middletown Music Festival, August 6&7, 2016

Monday, July 16, 2012

VOICE of the CITY! Live with Michael 99% Harris and Justin Good, talk with J-Cherry about Sound Shares, a new way of doing money

Money. What is
it? Where did it come from, why do we need it? Can we live without it? Money is a means of trade. Since the earliest of human times, people have used money to
trade. Before there was a currency, people traded goods or services at the time
of trade. As time went on it got harder to lug around your goods, or complete a
service at times of transaction, or trading. So people used currency. Coins
were the first form of currency for western civilization, gold or silver.
Native Americans used rare shells. In our modern time we use fiat money.

The
government via the Federal Reserve determines fiat money’s value. We used to
have commodity-based money. Commodity money used to be backed by the gold
standard. In the 1930's it was illegal to own gold except for jewelry, because
more money needed to be used, then was available, and the government made you
sell them your gold. Because there wasn't enough gold to make enough dollars,
which the government needed. The way the government fixed this problem was to
create fiat money. A dollar today is worth, well, a dollar. But WHAT is a
dollar really worth today? Honestly, a dollar today is already a dollar in debt! There is
nothing to back up a dollar but debt. This is the fiat system of money, a
system that allows a few to hoard all the resources in the world.

What if we made
a new way to trade? There are people doing just that! Welcome the Community
Exchange System. “With the
impending implosion of the usury-based, global money system, now is the time to
seek a new way of 'doing' money, one not based on debt and controlled by a
global monetary elite that seems happy about destroying our planet in the
pursuit of profit. Conventional money is created as debt by private financial
institutions for their own profit-making purposes, not as a public service.
This is the root cause of the economic, social and environmental problems that
beset us. The amount of debt determines the quantity of money, which has
nothing to do with the amount of money we need to live decent lives. CES money
is 'created' by its users so it can never be in short supply. So long as you
can offer something of value you can have from the community goods and services
of like value. Join the growing community who have discovered a new way of
'doing' money, a healthy money that will create a healthy society.” www.ces.org.za/index.asp